In this case, one
large money market mutual fund «broke the buck,» causing investors to lose an estimated 3 percent of the cash they parked there, and several funds had to delay redemptions.
Not exact matches
As for the problem of redemptions, there were, as had been feared, a
large number of
mutual -
fund shareholders who demanded millions of dollars of their
money in cash when the
market crashed, but apparently the
mutual funds had so much cash on hand that in most cases they could pay off their shareholders without selling substantial amounts of stock.
With the
larger decline in
markets, investors are pulling
money out of
mutual funds that hold the bonds, depressing their prices and putting pressure on the wider bond
market.
With more than $ 280 billion under management, CSIM is one of the nation's
largest asset management companies, the third -
largest provider of retail index
funds, and a top 10 provider of exchange - traded
funds (ETFs) and
money market funds.3 Aguilar joined CSIM in 2011 and is responsible for equity and asset allocation
mutual funds, ETFs, and separately managed accounts.
We've grown to become one of the nation's
largest asset managers — and one of the
largest providers of index
mutual funds, ETFs and
money market funds.2
3rd
largest provider of index
mutual funds source: Strategic Insight; 5th
largest provider of ETFs source: Strategic Insight; 8th
largest provider of
money market funds source: iMoneyNet.
A
large portion of your premiums payments will be invested in the insurance company's investment
fund in whatever asset class you prefer (stocks, bonds,
mutual funds,
money market funds, etc.) Over time, this has the chance to generate a much
larger cash value in your insurance account than a traditional whole life policy does.
Money market mutual funds simply pool investors» dollars and purchase large denomination money market instrum
Money market mutual funds simply pool investors» dollars and purchase
large denomination
money market instrum
money market instruments.
Specifically, the Fed now manages to set the lower bound of the curve by borrowing
money from
money market mutual funds, which are a
large provider of liquidity in financial
markets through repurchase transactions for treasuries, lending in commercial paper, etc..
We've grown to become one of the nation's
largest asset managers — and one of the
largest providers of index
mutual funds, ETFs and
money market funds.2